Betting the point spread is when you wager on how many points a team will win or lose by. Point spread betting is particularly popular when wagering on sports games.
Point Spread Betting in The US
There is one bet that dominates a significant portion of the discussion about the most popular of the sports on offer. The point spread is one of the most popular betting options for the National Football League and the National Basketball Association at legal sportsbooks. Point spread variations can also be found in other sports.
To bet against the spread, you must do more than just predict which team will win. Navigating the betting process can be difficult if you are unfamiliar with it. The complexities will be explained in our comprehensive guide that explains how to bet on the point spread legally and safely in the United States.
The most recent point spread odds
Point spreads are a topic of great interest throughout the industry. As a result, it is not uncommon for the odds and lines to change after the initial publication. Price comparison shopping can be a time-consuming endeavor, but the information that follows will significantly lighten your load.
Further down the page, you'll find a live odds feed that you can customize. It compiles the most recent data from the industry's leading sports betting websites and displays the most recent statistics in real time.
WHERE CAN I FIND A DEFINITION OF A POINT SPREAD?
A point spread is the best guess made by the oddsmaker, followed by the best guess made by the betting market, regarding the numerical gap between two competitors. The difference between the two prices can be as small as 0.5 point. At times, such as when Team USA competes in basketball at the Olympics, the spread can reach fifty points.
The majority of the time, especially at the higher levels of professional sport, the competitors have extremely close talent levels; as a result, the handicap ends up being on the lower end. Consider the recent Super Bowl matchup between the Cincinnati Bengals and the Los Angeles Rams.
The Los Angeles Rams were a 4-point favorite over the Cincinnati Bengals, according to most sportsbooks. For the Los Angeles Rams, the line was set at -4. The Rams needed to win by at least five points in order to cover the point spread. Cincinnati was a 4-point underdog, according to the oddsmakers. The score appeared to be Bengals +4. That means the Bengals would have needed to win the game outright or avoid a loss by at least five points to be considered successful. Given that Cincinnati was defeated by a three-point margin, bettors who had placed money on the Bengals to win by four points would have been rewarded. Rams 23, Bengals 20 was the final score.
If the Rams had won by exactly four points, the game would have been declared a "push," and bettors on both sides would have received their money back. The spread was -4 in favor of the Rams, so the betting result would have been a "push" if the Rams had won by exactly 4 points.
What is the process of betting on a point spread?
When two teams compete against each other in a game, using a point spread can help level the playing field. When there is an equal amount of betting action on both teams, sportsbooks can offer higher payouts, which is especially true in games between teams that are significantly outmatched.
To do so, handicappers calculate a margin of victory (and loss) for each team that must be covered in order for the bet to be considered successful. The point spread wager, which is denoted by a number, works in three ways:
Here is the actual point differential:
As a result, the underdog's score is improved by the addition of points or goals.
It accomplishes this by lowering the total number of points or goals earned by the point favorite.
Your spread bet wins if the team you chose wins despite the point differential between the teams.